Air Freight News
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Norwegian Air Drops 60% as Reality Sinks In for Shareholders
Norwegian Air Shuttle ASA dropped as much as 60% after completing a recapitalization that hands control of the company to aircraft lessors and bondholders.
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Boris Johnson’s Brexit Problem: An Army of Workers Off Work
Britain’s flagship job support program may have dulled the economic pain of the coronavirus crisis, but it is storing up a future problem for Prime…
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Lufthansa Warns of Urgent Need for Bailout as Talks Drag On
Deutsche Lufthansa AG’s management said the need for a multibillion-euro coronavirus bailout was becoming “urgent” as talks with the government in Berlin drag on.
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Singapore Sees Downside Risks Despite Recent Jump in Exports
Singapore Trade & Industry Minister Chan Chun Sing said there are many “downside risks” to the economy despite recent data showing a surprise improvement in…
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China’s Commodities Rebound Faces Decisive Test at Policy Meet
The rebound in China’s world-leading markets for industrial commodities will enter a decisive phase this week, as investors brace for a government response to the…
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Note Logistics Prioritizes Global Reach with Senior Director of Global Logistics
Note Logistics, in partnership with Top Freight Brokerage Firm ST Freight, is pleased to announce their expansion of a global operations division with the hiring…
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U.S. Airlines Show Signs of Life After April Travel Collapse
U.S. airlines reported signs that travel demand is perking up, suggesting the beginnings of a rebound from an unprecedented collapse because of the coronavirus pandemic.
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Mnuchin Says United Complying With Virus Law Despite Layoffs
United Airlines Holdings Inc. is complying with the law as it takes $4.95 billion in federal aid yet still plans to lay off thousands workers…
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As Trump Eyes Foreign Cattle, Ranchers Say Real Threat Is Beef
President Donald Trump raised the possibility of halting cattle imports to help an industry hit by slaughterhouse logjams. Ranchers say they’re more concerned about foreign…
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FAA Outlines Reforms Planned After Boeing 737 Max Missteps
The Federal Aviation Administration released multiple steps it plans to take to change how it reviews aircraft designs, a process that was criticized after two…